عنوان

Lending power :

0822372770

9780822372776

0822369699

9780822369691

Lending power :

[Book]

how Self-Help Credit Union turned small-time loans into big-time change /

Howard E. Covington Jr. ; foreword by Darren Walker.

Durham :

Duke University Press,

[2017]

©2017

1 online resource (x, 211 pages)

Includes bibliographical references and index.

Self-help who? -- A first step -- A financial institution -- Turning point -- Innovation -- An "aha" moment -- "We did not have to be geniuses" -- Cy Pres -- "Shit disturbers" -- A box of rattlesnakes -- The emperor's naked -- "We're here forever" -- Self-help Federal : a national institution -- The mission.

0

Established by Martin Eakes and Bonnie Wright in North Carolina in 1980, the nonprofit Center for Community Self-Help has grown from an innovative financial institution dedicated to civil rights into the nation's largest home lender to low- and moderate-income borrowers. Self-Help's first capital campaign--a bake sale that raised a meager seventy-seven dollars for a credit union--may not have done much to fulfill the organization's early goals of promoting worker-owned businesses, but it was a crucial first step toward wielding inclusive lending as a weapon for economic justice. In Lending Power journalist and historian Howard E. Covington Jr. narrates the compelling story of Self-Help's founders and coworkers as they built a progressive and community-oriented financial institution. First established to assist workers displaced by closed furniture and textile mills, Self-Help created a credit union that expanded into providing home loans for those on the margins of the financial market, especially people of color and single mothers.

JSTOR

22573/ctv11204vn

Eakes, Martin.

Eakes, Martin.

Self-Help Credit Union.

Self-Help Credit Union.

Credit unions-- North Carolina.

Loans, Personal-- North Carolina.

BUSINESS & ECONOMICS-- Economics-- General.

Credit unions.

HISTORY / United States / State & Local / South (AL, AR, FL, GA, KY, LA, MS, NC, SC, TN, VA, WV)

Loans, Personal.

North Carolina.

7

BIO-- 032000

BUS-- 004000

BUS-- 069000

HIS-- 036120

Covington, Howard E.,Jr.,1944-

Walker, Darren

20200822140739.0

pn

[Book]

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